Projections Show 9.3% Salary Rise for Bulgarian Workers in 2024
The Ministry of Finance anticipates a 9.3% increase in wages for Bulgarian businesses this year, as outlined in the latest Convergent Program of Bulgaria
The raise of the salaries of teachers at Bulgarian public schools will take place by the end of February, announced Bulgarian Minister of Finance Simeon Djankov Saturday.
The raise has been effective with the new state budget starting January 1, but has not been implemented yet.
Accordingly, when the increase is implemented, it will be calculated with that backdate in mind, said the Minister.
"The move will result in an increase averaging 11.5-12%," said Djankov.
He added that the Ministry of Education has still some administrative steps to take before the increase is implemented.
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